High-wattage IoT devices and appliances, such as connected refrigerators, air conditioners and heaters, could be turned into massive botnets by malicious actors and used to influence energy prices, according to an academic study released at Black Hat 2020.
Are you prepared to detect and combat account takeover fraud (ATO) in real time? Adversaries have a variety of weapons at their disposal, which makes effective protection a challenge. To make matters worse, legacy anti-fraud solutions are falling short of accurately evaluating the risk.
With the right...
Cybercriminals have shifted their focus from individuals and smaller businesses to target governments, critical health infrastructure and major corporations to maximize their profits and disruption during the COVID-19 pandemic, a new Interpol report warns.
A security researcher says voting equipment in the U.S. is still riddled with security flaws that opportunistic foreign adversaries could use to pose a threat to the November election. Meanwhile, the director of CISA calls Russian ransomware attacks one of the biggest threats to the election.
Several Canon USA corporate websites remained offline Friday after the company reportedly sustained a ransomware attack. Earlier, the imaging company reported user data was missing from a cloud database.
Garmin, a fitness tracker and navigation device firm, apparently paid a ransom to recover from a July 23 security incident that encrypted several of its systems, according to two news reports as well as expert analysis. The company says it's still experiencing 'temporary limitations" on services.
WastedLocker, a ransomware strain that reportedly shut down Garmin's operations for several days in July, is designed to avoid security tools within infected devices, according to a technical analysis from Sophos.
The pace of online crime hasn't been flagging, as "more capable threat actors" - criminals and nation-states alike - have been bringing more advanced tools and tactics to bear on victims, says Raj Samani, chief scientist at McAfee.
Incidents of fraud at pharmaceutical giant Novartis that resulted in over $1 billion in fines worldwide might have been avoided if the company's compliance team used data analytics to detect patterns, says Thomas Fox, a compliance evangelist and author.
Christopher Leone, assistant special agent in charge, United States Secret Service, offers advice to organizations on forging relationships with law enforcement as part of their cybersecurity incident preparedness plans.
The hackers who hijacked 130 high-profile Twitter accounts as part of a cryptocurrency scam earlier this month used a telephone-based spear-phishing attack to obtain employee credentials, the social media company says.
The FBI is warning that attacks using a ransomware variant called Netwalker have increased since June, targeting government organizations, educational entities, healthcare firms and private companies in the U.S. and elsewhere. Phishing campaigns spreading the malware are using COVID-19 themes as a lure.
Digital and mobile banking are under attack - and the threats are increasingly faster, more sophisticated, and automated. Fraud managers and analysts face a round-the-clock battle as they try to identify and stop fraud before customers are affected.
To help financial institutions manage the risks without shifting...